News: Owners Developers & Managers

Cummings renews two biomedical leases at 200 Boston Ave. totaling 4,700 s/f

Medford continues to appeal to life science firms as a viable, cost-effective alternative to Cambridge's higher leasing prices. Two biomedical companies have recently extended their leases at 200 Boston Ave., with Cummings Properties. MSM Protein Technologies, Inc., an antibody engineering company, has extended its lease for more than 3,500 s/f and MedChem Partners, a medicinal chemistry provider, has renewed its lease for nearly 1,200 s/f. Tony Spencer, a Cummings Props.' leasing/property manager, represented the firm in both lease extensions. Spencer reported that the highly attractive, multi-story office and R&D building, with ample, free, covered parking and an on-site health club facility, is located five miles north of Boston, one mile from I-93 and Rte. 2, and has easy access to the MBTA bus service. He also added that the building is near Tufts University, Davis Sq. and the Alewife MBTA Station.
MORE FROM Owners Developers & Managers

Breakthrough Properties completes sale of 232 A St. development site to P&G Gillette

South Boston, MA Breakthrough Properties, a premier global life science real estate developer, has finalized the sale of its 232 A St. development site to P&G Gillette, following Gillette’s previously announced plans to establish its new Grooming Headquarters and Technical Innovation Center at the site.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and